Swedish firms hope to expand business in Vietnam

Sweden will concentrate on promoting business expansion as well as
create favourable conditions for the country’s enterprises introducing
green and advanced technologies to Vietnam.

Swedish
Ambassador to Vietnam Camilla Mellander made the remark at a November 19
press conference in Hanoi on the occasion of a Swedish business
delegation visiting Vietnam from November 17-19.

The
delegation, led by Swedish Ambassador to Singapore Hakan Jevrell,
includes representatives from 11 enterprises specialising in the fields
of mining, oil and gas , energy, recycling industry, construction, and
banking and finance.

Mellander said her country has worked
out long-term development cooperation programmes in Vietnam for the last
45 years, and declared the Swedish embassy is striving to better
support Sweden’s firms wanting to do and expand business in the country.

Swedish enterprises are attractive to business opportunities
in Vietnam while domestic partners want to team up with their
counterparts from the European country, said Ambassador Jevrell.

He further said the visit helped the Swedish representatives reap
more useful information on Vietnam’s business climate and its
development outlook in the coming time.

They noted the
potential and promise of expanding business cooperation between the two
countries, said James Armstrong, a representative from SCANIA Group.

The European nation has 250 businesses operating in the areas of
education and services in Singapore, noted Armstrong, adding all
Swedish firms are looking for cooperation opportunities in Vietnam.

Two-way trade between Vietnam and Sweden reached around 1 billion USD
last year and 573 million USD in the first half of this year, a
year-on-year surge of 34.5 percent. The EU country has provided
non-refundable assistance totalling more than 3.4 billion USD to Vietnam
over the past years.-VNA